Record spending by foreign tourists helped offset plunging dairy prices to narrow New Zealand' s current account deficit at the end of last year, the government statistics agency said Wednesday.
China's proactive fiscal policy will continue in 2016 and its general public budget deficit will expand, the China International Capital Corp. (CICC) has said in an analysis note.
Australia's trade deficit marginally narrowed in November to 2.9 billion Australian dollars (2.04 billion U.S. dollars) from the 3.2 billion Australian dollar blowout in October, official figures released on Thursday show.
Economic experts said the budget deficit, among other factors, is the most significant reason for both the domestic and external growing debts of Egypt.
Economic experts said the budget deficit, among other factors, is the most significant reason for both the domestic and external growing debts of Egypt.
Tanzania macro-economic performance remains strong: IMF
Finnish Finance Minister Antti Rinne noted on Tuesday the actual reasons for the country's violation of EU Stability and Growth Pact (SGP) norms remain unclear, Finnish national radio reported.
India's exports contracted by 5.04 percent to 26 billion U.S. dollars in October while imports grew by 3.62 percent, leaving a trade deficit of 13.35 billion dollars, government data showed on Monday.
The Philippines' balance of payments (BOP) continued to register a deficit in April due to the government's payments of foreign exchange-denominated debt, the local central bank said Monday.
The Indian government Monday presented an interim budget -- its last before the country goes to polls in May -- in which indirect taxes on cars, two-wheelers and mobile phones have been slashed in a bid to boost economic growth.
Japan logged its largest current account deficit in November 2013, marking the second straight month of red ink as a weaker yen pushed up costs for energy imports, but failed to buoy Japan's key export sector, according to data issued by the Finance Ministry Tuesday.
The Housing Authority projects a decreasing surplus in the coming financial year, manily due to the increase in public housing construction and downfall in investment returns.
Australia's trade deficit narrowed to 284 million AU dollars (270 million U.S. dollars) in September, according to data released on Wednesday by the Australian Bureau of Statistics (ABS).
Japan registered its biggest ever trade deficit of 8.17 trillion yen in the 2012 fiscal year through March, according to a preliminary report released by the Finance Ministry on Thursday.
U.S. President Barack Obama unveiled his 2014 budget Wednesday, aiming to rein in the deficit by raising taxes on the affluent and curbing government spending on programs including Social Security and Medicare.
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